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Blockchain is completely useless for core banking: Bhavin Turakhia of Zeta

Serial entrepreneur dwells on banking software, blockchain and Zeta's technology roadmap in a conversation with Business Standard

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Deepsekhar Choudhury Bengaluru
Zeta, a start-up that provides core banking software to banks and fintech companies, recently raised $30 million in a strategic investment from MasterCard and other investors at a $1.5 billion valuation. Founded in 2015, the company’s platform processes 30 million

transactions a month. Zeta co-founder Bhavin Turakhia, a serial entrepreneur who earlier started companies like Directi, Flock and Radix, spoke with Deepsekhar Choudhury about Zeta’s tech, banking software and more. Edited excerpts:

In a nutshell, what does Zeta do?

We've built a completely modern credit card processing solution and core banking platform for banks and fintechs. There are roughly about